financetom
Business
financetom
/
Business
/
Sector Update: Consumer Stocks Rise Premarket Wednesday
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Sector Update: Consumer Stocks Rise Premarket Wednesday
Aug 6, 2025 6:55 AM

09:21 AM EDT, 08/06/2025 (MT Newswires) -- Consumer stocks were rising premarket Wednesday with the Consumer Staples Select Sector SPDR Fund ( XLP ) up 0.4% and the Consumer Discretionary Select Sector SPDR Fund ( XLY ) 0.4% higher recently.

McDonald's (MCD) shares were up more than 3% after the company reported higher Q2 non-GAAP earnings and revenue.

Shopify ( SHOP ) stock was up more than 16% after the company posted higher Q2 non-GAAP earnings and revenue.

Walt Disney ( DIS ) shares were down more than 1% even after the company posted higher fiscal Q3 adjusted earnings and revenue.

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
DJI could be banned from launching new products in US under proposed bill
DJI could be banned from launching new products in US under proposed bill
Dec 9, 2024
WASHINGTON, Dec 9 (Reuters) - China-based DJI could be banned from launching new drones in the United States market under an annual military bill set to be voted on later this week by the U.S. House. The 1,800-page bill says a national security agency must determine within one year if drones from DJI or equipment from Autel Robotics pose unacceptable...
Former OpenAI researcher raises $40 million to build more empathetic audio AI
Former OpenAI researcher raises $40 million to build more empathetic audio AI
Dec 9, 2024
SAN FRANCISCO (Reuters) - - A former OpenAI researcher has raised $40 million for a startup that will build artificial-intelligence models that connect emotionally with humans via voice, the company said on Monday. The startup, WaveForms AI, is backed by Andreessen Horowitz and valued at $200 million, CEO Alexis Conneau told Reuters. Conneau co-created the voice mode capability on OpenAI's GPT-4o...
GSK Reports Positive Results in Phase 3 Trial for Refractory Multiple Myeloma Treatment
GSK Reports Positive Results in Phase 3 Trial for Refractory Multiple Myeloma Treatment
Dec 9, 2024
02:26 PM EST, 12/09/2024 (MT Newswires) -- GSK (GSK) said a phase 3 trial showed a statistically significant and clinically meaningful overall survival for the belantamab mafodotin combination versus the daratumumab combination as a second line or later treatment for relapsed or refractory multiple myeloma. After a median follow-up of 39.4 months, the analysis showed a 42% lower risk of...
DJI could be banned from launching new products in US under proposed bill
DJI could be banned from launching new products in US under proposed bill
Dec 9, 2024
WASHINGTON (Reuters) - China-based DJI could be banned from launching new drones in the United States market under an annual military bill set to be voted on later this week by the U.S. House. The 1,800-page bill says a national security agency must determine within one year if drones from DJI or equipment from Autel Robotics pose unacceptable national security...
Copyright 2023-2026 - www.financetom.com All Rights Reserved